Tax-Loss Harvest Finder
Sell the loss, keep the exposure. For any fund, ranked stand-ins that track the same market — scored on a year of price correlation, holdings overlap, and fee — with a flag when two funds follow the same index and a swap could look substantially identical.
Correlation computed on ~250 shared sessions per pair · not tax advice — the flag is a heuristic, your compliance desk has the final word
| Substitute | Correlation | Book overlap | Fee vs SMLF | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VB Vanguard Small Cap Index Fund | 0.984 | 23% | -10bp | $58.9B | different index | Compare |
| IJH iShares Core S&P Mid-Cap ETF | 0.961 | 27% | -10bp | $122.8B | different index | Compare |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.956 | 26% | -12bp | $18.2B | different index | Compare |
| VBK Vanguard Small Cap Growth Index Fund | 0.953 | 24% | -8bp | $17.7B | different index | Compare |
| ISCG iShares Morningstar Small-Cap Growth ETF | 0.973 | 16% | -9bp | $974M | different index | Compare |
| MDYG SPDR S&P 400 Mid Cap Growth ETF | 0.942 | 22% | same | $2.8B | different index | Compare |
RANKED BY CORRELATION, FEE, AND OVERLAP · “SAME INDEX” PAIRS ARE FLAGGED BECAUSE THE IRS HAS NEVER DEFINED “SUBSTANTIALLY IDENTICAL” — MOST DESKS TREAT SAME-INDEX SWAPS AS OFF-LIMITS AND DIFFERENT-INDEX SWAPS AS DEFENSIBLE
Cached coverage for 2,133 funds. Latest price/flow record dates: 2024-08-23 to 2026-09-30 (1,104 funds with dated records). Fund details retrieved: 2026-09-02 to 2026-10-02. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.